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Daily Archives: December 9, 2020

Grocon’s Daniel Grollo ‘Very Sorry’ for Creditor Shortfall – The Urban Developer

BankruptcyBy Insolvency GuardianDecember 9, 2020

Grocon boss Daniel Grollo has apologised to unsecured creditors for the companys deepening financial issues due to its long-standing legal battle involving the NSW government and James Packers Crown Resorts. At first meeting of creditors, the companys backers caught up in its $1 billion collapse heard they will likely get very little back if the…

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